Being panic will not help it can only bring us down to losses because we cannot concentrate in our decision, so if the market is in bear season we just need to keep calm and keep on analyzing and never decide without double checking every actions that we wanted to do.
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You can invest in any projects it doesn't if you are a newbie as long as you know how to do your own research and choose a good project to invest then go for it. There are so many new project that show good potential even in a bear season you can invest this project just take a proper time doing a research because many of the new project is also a rug pull project that can also bring you down to losses.
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From the start i never use loan apps, because loan apps is a business and we the user of that apps makes a creator of the apps a millionaire,loan apps is so very easy to access and very simple to use for just one click away and then we can get a loan without knowing that everytime we get a loan there is always a big interest and it will bring us down slowly.
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Investing in altcoins is good but the problem is it is hard to identify what altcoins are good for short term or long term, i believe that no one can predict the future but most of the investors prefer on investing into altcoins that is high ranked on some coin tracking platform. Just do your own research and be careful on buying we are still in bear season and every transaction is very risky.
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New projects is risky to invest, look at what happen to some new projects that become rug pull during bear market and imagine if you invested on it big losses of capital or maybe asset if you invest on some new project, there are new projects that good for short term investment but it is really hard to find them in the bear season i think the best strategy is investing on real lefit project that already proven example is the coins that rank on top 1 to 20 on CMC.
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Don't ask the crowd on what you are going to do because you can never get a solid information in them just research why shiba price hike and set a limit to your selling price, you can sell 50% and hold 50% for safety reason and to avoid loss if the price goes down in the next few moths hold some sell some for good.
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As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.
My advise is invest on your own risk, research and study cryptocurrency carefully so that you could understand what crypto is and how big the risk on investing into it. Don't listen to anyone because at the end of the day you are the one who will suffer the loss do your own research and be careful always because crypto is high on volatility and anytime you can loss or earn depending on your decision.
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
no one knows the exact time to buy coins but it is less risk if you buy during bear season, every coin has its own way of development and it price depend on it, bear market has also a big effect on the price, because during bear market every investors afraid to buy coins but if you trust the coin thay you wanted to invest then buy it sometimes profit depends also in our luck. just set a limitations for every investment for safety and for good.
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Ethereum was dumped down to 950$ in latest Bear market and now it's trading 2x from that price. My question is , what is best price to buy ? Buy now or wait to down 600$?
Best time to buy ethereum is already pass the most convenient or less risk is investing on ethereum during the year that it is not very well known and it is in a very low price same with bitcoin i think it is on year 2010 if im not mistaken. For now i think it is still risky though the market is slowly recovering we still dont know if it is a bull run or a bull trap keep searching for good.
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Maybe in long term bitcoin will reach that 100k$ price, who would have thought that btc reach above 60k$ last year 2021 i think no body knows that btc reach 60k that time, maybe in the future we will also see btc in another all time high in 100k$ price or above, bitcoin is full of surprises and it needs patience for good.
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Hello, Dear
Can anyone tell me which token should I use for my investment which will give me profit in a short time as I am investing for the first time?
Thank You,
Use good coin just search on cmc and you find a lot of leading coin in the market, there are so many coin that is good for investment today but we cannot really say that it is sustainable in a long run because it still depend on the future development of the coin no one can predict it, that is why most of the investors considered investing as gambling also.
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Everything in crypto depend on btc, if btc is on bear season most of the altcoins are also suffers bear market, bitcoin influences most of the coin because it is the main pair on trading or investing next to stable coin usdt or busd if btc price fall the value of pairing on trading is affected that is why most of the investors hold thier btc during bear season, if btc value is low the amount of tokens that we can buy is small so better hold.
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I am mostly a hodler no matter the market going down or up. But sometimes I get the advice to take some profits.
Example: my investment of 300 euro becomes 500 euro. Is it better to take out my initial investment or only take the profit ? And reinvest that profit ?
How do you guys do this ?
I just feel like i'm missing potential profits by not selling and seeing my potential profits go up and down.
We have different strategy with regards to investment, for me i will always get the profit big or small but most of the investors wanted to get profit when its already big, for the small investor like me it is risky to wait for the big profit specially when it comes to crypto because crypto price is always moving and hard to predict so it needs a proper analysis and understanding.
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Hello, I have some questions about the Shiba Inu:
1- Is it OK to buying some Shiba Inu tokens? 2- Will Shibarium Blockchain cause the Shiba Inu pumping? 3- If I convert Ethereum to Shiba Inu, then it give me more profit?
Thank you.
I think shiba inu is good for a long term investment it is listed on big exchange and many people holding shiba inu token because they have a feelings that shina will rise in the future, it is depend on you if you want to hold this coin just remember that it is still a meme coins which is more risky than other altcoins.
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It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
fake recovery or not,we always need to be careful everytime we invest or buy some coins, i believe that we are still in bear market so we need to be careful we don't know if the market recover or continue to fall in next few months from now, however i believe that ethereum is still good for investing right now and wait till the market fully recover.
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I dont own ethereum or even btc but i know that both coins are good coins and trusted by so many investors. Since 2016 or even from the beginning of the creation or eth and btc, in my own opinion ethereum will not surpass btc because if it can surpass btc it maybe happens before because we experience a lot of dip on btc the problem is when BTC is on dip ethereum together with different coin will also experienced dip so eth will not surpass btc at all.
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The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
I am a number one believer of ethereum, and i believe that after the high gas fee on ethereum network resolve ethereum will surely rise, there are so many reason why ethereum is always rank #2 on CMC even if there are a lot of network that is very low on transaction fee they are still rank next to ethereum it is simply because many people still trust on ethereum than others.
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How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
Those coin that you have mentions above is great and there is a lot of potential in it, and I believe that they have a bright future, but most of the issue is not on a coin itself because we can find a lot of good coin on cmc or in coingecko depending on their rank the issue is the time that we can still hold strong when the bear market drag us down, or how we can make a good strategy or timing on selling, most of the new investors loss because they don't have experience and when the bear market come they get panic and sell at loss that's why they loss, just always remember we will not loss if we don't sell at loss.
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My expectations about bitcoin is that it will go to 100k$ in the next 4 years from now if there is no negativity happen, btc will surely become more valuable in the near future, because people that is now using crypto is rising day by day and soon we will saw more demand on it and it will lead btc price to rise drastically.
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